US fast-food giant McDonald’s has closed its Ukrainian restaurants and promised to pay 10,000 of its employees in the country. This decision was taken six months ago after the Russian invasion. Despite the continued Russian attack on kyiv, McDonald’s intends to reopen some of its restaurants there. It said it would slowly start reopening some of its outlets in western Ukraine and Kyiv.
McDonald’s outlets in Ukraine
McDonald’s said it would open its outlets in Ukraine where other businesses like KFC and Nike as well as Spanish clothing retailer Mango are open. The company’s senior vice president of international markets, Paul Pomroy, said they spoke to McDonald’s employees and showed a strong desire to return to work. He also said that in the coming months, the restoration works of supply chains and restaurants that have been closed due to the war. The International Monetary Fund predicts that the Ukrainian economy will contract by 35% this year due to the severe economic impact of the war. McDonald’s did not reveal the exact number of outlets that will be reopened in Ukraine or the exact location of these.
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The reopening of McDonald’s is a political decision
McDonald’s will soon begin contacting and working with suppliers to bring in supplies and initiate safety procedures. The fast food chain had already sold 850 of its restaurants in Russia to a franchisee. He had left a major market for the first time after selling his restaurants. The closure of hundreds of Russian restaurants in March had cost the company about $55 million. The reopening of outlets is described as a “political decision” by Foreign Minister Dmytro Kuleba. He also said that millions of Ukrainians crave Big Macs. For the Ukrainian government’s budget and the sustainability of its economy in times of Russian aggression, it’s jobs and taxes.
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